• AARTI GANDOTRA

Abstract The practice of street vending as a career has always existed in the capital city. Urban Street vending not only offers the cheapest commodities to the bulk of the urban poor but also serves as a source of income. Vendors are a vital component of the urban sector since they offer critical assistance, generate their own personal jobs, and support job growth. Because they offer benefits and commodities to the urban poor, street vendors play a crucial role in the economy. Moreover, informal economy encourages those who don't have many options to work in official jobs or famous companies, reducing the likelihood of interpersonal stigmatisation. For those who are marginalised, street vending is becoming a more viable source of income. While street vending is a significant source of income for the urban poor, urban authorities view it as an unlawful and worthless industry on the one hand. In recent years, numerous nations throughout the world have come to understand the value of street vending for urban economies, regarded it as a means of reducing poverty, and begun to perform studies to assess its effects on socioeconomic and environmental issues. Street selling serves three essential functions in the urban economic environment. First off, hawking is a significant fraction of the Indian population’s primary source of work. Second, those with low and middle incomes and the poor, who are unable to purchase goods and services from other markets, can benefit from hawking by receiving them at a lower price. The urban poor participate in the informal economy due to low wages and income, job insecurity, a lack of adequate housing and sanitary amenities, the absence of formal regulation, and government policy support. In this situation, street vendors are essential to the survival of the urban poor. Last but not least, street vending creates jobs for people in other industries, such as those that produce the cheap commodities that street vendors sell.

Poverty, Street Vendors, Economy and Urban

"Role of Street Vendors in Poverty Eradication and Strengthening the Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 2, page no.a355-a364, February-2023, Available :http://www.jetir.org/papers/JETIR2302049.pdf

"Role of Street Vendors in Poverty Eradication and Strengthening the Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 2, page no. ppa355-a364, February-2023, Available at : http://www.jetir.org/papers/JETIR2302049.pdf